Analysis house Jefferies moves stocks from the chemical sector - financial expert warns of risks at BASF and K+S, recommends WACKER CHEMIE as a buy.

Analysis house Jefferies moves stocks from the chemical sector - financial expert warns of risks at BASF and K+S, recommends WACKER CHEMIE as a buy.

According to a report by www.finanzen.net, the analysis house Jefferies has changed the favorite roles and thus influenced stocks from the chemical sector. BASF and K+S were downgraded, which led to a price decline, while WACKER CHEMIE's shares were slightly in the red after a positive initial assessment. At the European level, Akzo Nobel was also downgraded, resulting in a loss in the market.

Analyst Chris Counihan identified DSM-Firmenich, Symrise, Covestro, Arkema and OCI as preferred sector stocks given the European chemicals sector's challenges due to high energy prices, low demand and destocking. He explained that companies like Air Liquide, BASF, Givaudan, Solvay and Yara should be avoided by investors.

The effects of these changed favorite roles and gradations could put a strain on the chemical sector as a whole. The price losses of BASF and K+S as well as the positive initial assessments of WACKER CHEMIE could influence investors' perception and behavior towards these companies. The chemical sector may have to deal more intensively with energy price and demand challenges. Companies favored by analysts may receive increased attention from investors.

Due to these developments, the financial industry may adapt its strategies and focus more on preferred sector stocks. Investors could rebalance their portfolios accordingly and avoid those companies that analysts consider to be risky. This could lead to changes in market behavior and the prices of the companies affected.